Release of the 12th batch of waste aluminum in 2020

SMM9 March 17: according to the 12th batch of imported waste aluminum just announced, its quantity is only 121000 tons. Generally speaking, the approval of waste aluminum in the first quarter is usually in 3-4 batches, and the quantity of a certain batch is the largest, so it is expected that the approval of Q4 waste aluminum will be only 13-150000 tons, and the cumulative import approval of 1-12 batches of about 60% of Q3 is only 818000 tons. Domestic waste aluminum supply is still in shortage.